REGISTERED NUMBER: 07468080 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

ROLAND BELGRAVE VINTAGE PHOTOGRAPHY

LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr R D D Belgrave

REGISTERED OFFICE:

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

REGISTERED NUMBER:

07468080 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02

High Weald House

Glovers End

Bexhill

East Sussex

TN39 5ES

FIXED ASSETS

Property, plant and equipment

4

2,474

3,447

CURRENT ASSETS

Inventories

5

73,781

85,833

Debtors

6

2,375

54,095

Cash at bank

43,926

31,760

120,082

171,688

CREDITORS

Amounts falling due within one year

7

108,812

143,400

NET CURRENT ASSETS

11,270

28,288

TOTAL ASSETS LESS CURRENT LIABILITIES

13,744

31,735

CREDITORS

Amounts falling due after more than one year

8

(5,867

)

(15,833

)

PROVISIONS FOR LIABILITIES

9

(470

)

(655

)

NET ASSETS

7,407

15,247

CAPITAL AND RESERVES

Called up share capital

10

200

200

Retained earnings

7,207

15,047

SHAREHOLDERS' FUNDS

7,407

15,247

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

Mr R D D Belgrave - Director

1.	STATUTORY INFORMATION

Roland Belgrave Vintage Photography Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

STOCKS

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

Cost

At 1 January 2024

and 31 December 2024

3,968

8,136

10,948

23,052

Depreciation

At 1 January 2024

3,859

5,597

10,149

19,605

Charge for year

27

380

566

973

At 31 December 2024

3,886

5,977

10,715

20,578

Net book value

At 31 December 2024

82

2,159

233

2,474

At 31 December 2023

109

2,539

799

3,447

5.	INVENTORIES

2024

2023

£

£

Stocks

73,781

85,833

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

-

42,839

Other debtors

2,375

11,256

2,375

54,095

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,001

10,000

Trade creditors

7,949

50,304

Taxation and social security

2,716

1,355

Other creditors

88,146

81,741

108,812

143,400

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

5,867

15,833

9.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

470

655

Deferred

tax

£

Balance at 1 January 2024

655

Provided during year

(185

)

Balance at 31 December 2024

470

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

75

Ordinary B

£1

75

75

25

Ordinary A

£1

25

25

200

200